A40 0.00% 8.2¢ alita resources limited

Alita Restructuring_ Final Countdown, page-39

  1. 7,845 Posts.
    lightbulb Created with Sketch. 392
    GXY will get back their (secured) Money but they are a Shareholder as well just like everyone else who owns Shares.

    All the Shareholders are in the same boat and now there is a Chinese shell Company coming in atm competing with GXY.

    Choice here is Australian GXY or a Chinese shell/shelf Company !

    I would suggest that GXY( I hold GXY) with its holding and other shareholders can kiss their holdings/investment goodbye if the Chinese come in.

    I would bet London to a brick on that if the Admins go with the Chinese then the Chinese will end up with A40 and whatever else goes with it in time. The Chinese look after themselves.

    This maybe the very beginnings of another Chinese rort. imo Where is the money coming from for Chinese shelf Company to be at the forefront here and get A40 back up and running............ Santa Clause?

    Wake up, never get sold out to the Chinese.

    The Chinese wiill burn the new entity(now A40) Shareholders in time. imo

    This is not good as a very hard lesson is about to be taught to existing holders. imo
    Good Luck All

    Remember the Admins. deal with the here and now and do not account for any future.

    Md









    Last edited by Metalduster: 28/11/19
 
watchlist Created with Sketch. Add A40 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.